N.D.C.C. § 57-38-32 — Duty of corporations to make returns

Each corporation that receives income from the sources designated in section 57 -38-14,
whether or not required to file an income tax return pursuant to the provisions of the United
States Internal Revenue Code of 1954, as amended, shall, unless exempted by the provisions
of section 57-38-09, make a return in such form as the tax commissioner may prescribe, stating
specifically such facts as the tax commissioner may require for the purpose of making any
computation required by this chapter. Any corporation which is required to file a state income tax
return but not required to compute a federal taxable income figure for federal income tax
purposes is required to compute such a federal taxable income figure using a pro forma return
pursuant to the provisions of the Internal Revenue Code of 1954, as amended, in order to
determine a starting point for the computation of state income tax. Any foreign loan and
investment company engaged in business in this state, and whose income in this state consists
solely of income exempt from taxation under this chapter, need not file an annual report unless
specially requested to do so by the tax commissioner, but may file in lieu thereof an affidavit
claiming exemption under this chapter. The return must be signed by the president, vice
president, treasurer, assistant treasurer, chief accounting officer, or any other officer duly
authorized so to act and it and any other declaration, statement, or document required to be
made must contain or be verified by a written declaration that it is made under the penalties of
perjury. The tax commissioner may prescribe alternative methods for signing, subscribing, or
verifying a return filed by electronic means, including telecommunications, that shall have the
same validity and consequence as the actual signature and written declaration for a paper
return.